Thread regarding GE Digital layoffs

Layoff Numbers

Where are we at with layoffs? Anyone have updates?

by
| 2519 views | | 8 replies (last )
Post ID: @OP+17jyxtck

8 replies (most recent on top)

Is anything happening on this ? Would expect "incentive to leave by year end" type of offerings...

by
|
Post ID: @Kpwq+17jyxtck

That is a nefarious operating system

by
|
Post ID: @ahxj+17jyxtck

The reason it is so quiet is that the company is being very secretive lately. They seem to be picking on higher salaried people, and placing them on Performance Review for no reason. No warning, no prior issues, just a call 1 day saying they are on performance review. Buy putting a 30-60 day deadline in they can move a lot of people out legally. But it seems more and more people are getting reviewed for little or almost no reason and that will clean out a percentage without looking like it's a huge RIF. Stock Market doesn't react well to huge RIF well.

They get away with it by forcing you to sign an agreement to get your package vs. years in service. People don't want to lose that so they sign away and get dumped. It should be illegal but it isn't. Companies have been doing this for a long time everywhere. Unless you believe you have a powerful lawsuit case. So if you have the potential of getting 30 plus months of pay, plus benefits, you tend to sign your legal rights away to fight age or any other discrimination. They also are allowed Unemployment if they stay quiet and basically take the package vs. being fired. You are at their whim. 'Let's Make a Deal" time. Let us screw you for accepting our generous bribe.

So wait until they are done with their secret RIF ( AKA Performance Reviews ) and they will begin pushing anyone else out. Any upcoming RIF numbers will not show PIP review cuts so the numbers will reflect more positively on the company publicly.

by
|
Post ID: @8que+17jyxtck

Why anticipate layoffs? Just br prepared for the worst case scenario

by
|
Post ID: @1qor+17jyxtck

I'm surprised I have heard nothing internally or on this forum or Blind.

by
|
Post ID: @odo+17jyxtck

Post a reply

: